CROSS LIEN. Any of the Borrower's other property in which the Bank has a security interest to secure payment of any other debt, whether absolute, contingent, direct or indirect, including the Borrower's guaranties of the debts of others, shall also secure payment of and be part of the Collateral for the Credit Facilities.
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Samples: Credit Authorization Agreement (Perceptron Inc/Mi), Credit Authorization Agreement (Interface Systems Inc), Credit Authorization Agreement (Syntel Inc)
CROSS LIEN. Any of the Borrower's other property in which the Bank has a security interest to secure payment or performance of any other debt, whether absolute, contingent, direct or indirect, including the Borrower's guaranties of the debts of othersLiabilities, shall also secure payment of and be part of the Collateral for the Credit Facilities.
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Samples: Line of Credit Agreement (Allen Test Co Inc & Point Release Test 10/08/01), Line of Credit Agreement (Syntel Inc)
CROSS LIEN. Any of the Borrower's other property in which the Bank has a security interest to secure payment of any other debt, whether absolute, contingent, direct or indirect, including the Borrower's guaranties of the debts of others, shall also secure payment of and be part of the Collateral for the Credit Facilitiesfacilities.
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CROSS LIEN. Any of the Borrower's other property in which the Bank has a security interest to secure payment of any other present or future debt, whether absolute, contingent, direct or indirect, including the Borrower's guaranties of the debts of others, shall also secure payment of and be part of the Collateral for the Credit Facilities.
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